Granules India to establish Rs 2,000 crore green pharma unit at Kakinada

Hyderabad-based pharma company Granules India said it entered into a strategic partnership with Greenko ZeroC to collaborate on green molecule solutions and their wider applications in pharmaceuticals.

Granules and Greenko ZeroC will develop and promote integrated green pharmaceutical zones (GPZ) in Kakinada of Andhra Pradesh. Granules will build a greenfield facility for large scale manufacturing of key starting materials (KSMs), Intermediates, APIs and fermentation-based products.

The facility will be about 100 acre and will be taken up in phases. The project will see an investment of about Rs 2,000 crore over five years.

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